Forex Daily Forecast, Analysis and Prediction

The EUR/USD exchange rate made two failed attempts to break below the minor psychological level at 1.0850.

Looking at the daily chart of gold price XAU/USD, it is clear that the head-and-shoulders pattern is forming, which technically supported the recent selling of gold.

It appears that the USD/JPY pair is trading within an upward channel.

GBP/USD forecasts show that it is in a steadfast position and the bull’s control over the trend will strengthen if the currency pair moves above the resistance 1.2775.

In the USD/JPY pair, the initial rally on Friday was followed by a relatively rapid reversal.

The S&P 500 exhibited another robust rally during Friday's trading session, as it endeavors to breach the critical 4800 level.

As of this writing the USD/ZAR is near the 19.19120 ratio with fast trading being demonstrated.

Silver saw a resurgence in its value during Friday's trading session, marking a recovery from a recent market pullback.

The Euro's performance during the early hours on Friday remained unremarkable, marked by back-and-forth movements.

Analyzing the Bitcoin market, as we endeavored to maintain the $40,000 price area, a level of considerable importance.

he natural gas markets recorded another decline on Friday, primarily due to the fading impact of the recent winter storm in the USA.

In other words, this brings in the same 7 stocks every day, and therefore people will buy them time and time again.

Gold has been displaying positive signs in recent trading sessions, showing resilience around the $2,000 mark.

The crude oil markets continue to exhibit a consolidation pattern, reflecting a quest for clear direction.

The Australian dollar has shown a decent rally during the Thursday and Friday trading sessions.